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What's up
  • [ July 31, 2026 ] Banks under $10 billion will reap significant easing of CRA rules under proposal FDIC
  • [ July 31, 2026 ] Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held The Fed
  • [ July 31, 2026 ] FDIC, Fed propose higher thresholds, indexes for lending to officers, other insiders FDIC
  • [ July 31, 2026 ] Former Wisconsin credit union worker prohibited by federal agency NCUA
  • [ July 30, 2026 ] Revised compliance guide lowers leverage ratio for community banks to 8% from 9% FDIC
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Climate change presents physical risks, including diving asset prices, and transition risks, report finds

November 23, 2020 0

Physical risks posed to financial stability by climate change – even in the short term – include a sharp fall in assets prices and an increase in uncertainty, according to a new report issued Monday […]

CFPB

GAO: Model privacy form should disclose more about third-party info sharing by banks, credit unions

November 23, 2020 0

The consumer financial protection agency should update the model privacy form that many banks and credit unions use to disclose their information-sharing practices to their customers and members, according to a report Monday by the […]

FDIC

Bank performance for third quarter to be outlined in report set for Dec. 1 delivery

November 23, 2020 0

Third-quarter financial performance results for banks will be released Dec. 1, the federal insurer of bank deposits said Monday, during a live briefing streamed via the Internet. The Federal Deposit Insurance Corp. (FDIC) said the briefing […]

CFPB

CFPB notes updates to HMDA filing instructions guide for 2021 data

November 23, 2020 0

An update to the filing instructions guide (FIG) for data collected in 2021 and reported in 2022 under the Home Mortgage Disclosure Act (HMDA) was announced Monday by the Consumer Financial Protection Bureau (CFPB). The […]

NCUA

McWatters resigns, Hood says thanks for serving; Hauptman nomination nears action

November 23, 2020 0

Rodney Hood, the current chairman of the National Credit Union Administration (NCUA) Board, issued a brief statement Monday thanking J. Mark McWatters, who resigned Friday, for his service on the board. “Board Member Mark McWatters’ […]

Today

  • Banks under $10 billion will reap significant easing of CRA rules under proposal

    July 31, 2026 0
    Smaller banks – those with $10 billion or less in assets – would receive significant easing of anti-redlining regulations under a joint proposal issued by the national bank regulator and federal bank deposit insurance agency announced Friday. Under the proposal, [...]
  • Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held

    July 31, 2026 0
    The capital framework for mutual savings banks – including increased flexibility to raise capital – would be “modernized,” and make it easier for the banks to convert to stock held, under a proposal issued Friday by the Federal Reserve, the [...]
  • FDIC, Fed propose higher thresholds, indexes for lending to officers, other insiders

    July 31, 2026 0
    Thresholds for certain lending limits for executive officers and other insiders of banks would be raised and indexed under a proposal issued Friday by the federal bank deposit insurance agency and the nation’s central bank. The Federal Deposit Insurance Corporation [...]
  • Former Wisconsin credit union worker prohibited by federal agency

    July 31, 2026 0
    A former worker at a Wisconsin credit union was prohibited by the federal regulator after being convicted in state court of misappropriating identification information, the agency said. Jordan L. McCarthy, according to the National Credit Union Administration (NCUA), a former [...]
  • Revised compliance guide lowers leverage ratio for community banks to 8% from 9%

    July 30, 2026 0
    An 8% leverage ratio requirement for community banks – down from 9% — is the key component of an updated compliance guide for the ratio’s framework, released Thursday by federal banking regulators. The lowered requirement for the community bank leverage [...]
  • Pair of bankers in different states prohibited after allegations of misappropriation of customer funds

    July 30, 2026 0
    Charges of misappropriation of customer funds at banks in Alabama and Montana have led to prohibitions of two former employees of the institutions, with their consent, the Federal Reserve said Thursday. In a release, the Fed said that Ralph A. [...]
  • Illinois bank, holding company, agree to enforcement action over shortcomings revealed in exam

    July 30, 2026 0
    Deficiencies in internal controls, risk management and more have led to an enforcement action against an Illinois bank and its holding company by the Federal Reserve, the agency said Thursday. According to the Fed, Iuka State Bank and its holding [...]
  • FinCEN seeks financial institutions’ aid in rooting out student-loan fraud

    July 27, 2026 0
    Financial institutions are encouraged to report suspicious account activity that could point to fraud targeting federal student aid programs, according to an alert from Treasury’s financial crimes enforcement unit. Friday, the Financial Crimes Enforcement Network (FinCEN) issued an alert on [...]
  • FDIC updates consumer compliance exam manual

    July 24, 2026 0
    Updates to violation codes, Truth in Lending Act (TILA) thresholds, Home Mortgage Disclosure Act (HMDA) loan-volume thresholds and more are reflected in the July iteration of the federal bank deposit insurer’s Consumer Compliance Examination Manual (CEM). The Federal Deposit Insurance [...]

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